FlowBank

1204 days ago

Chart of the day: $100 invested into Bitcoin 10 years ago is now worth more than $9 million

Source: Howmuch.net 

10 year returns for selected investments

1204 days ago

Investors put a record $27.4B in ESG ETFs says FactSet

ESG has staying power. Biden administration bolsters odds for climate friendly firms to succeed with new legislation in the pipeline for the next presidential administration. BlackRock has been the most prolific adopter this year excluding fossil-fuel, tobacco and weapons industries from their new ETFs. Part of this trend is of course related to returns. A BlackRock survey of 425 managers suggests plans to double down on their sustainable AUM to over one third of their portfolios by 2025.

#Stocks #Macro

1204 days ago

Tourist centric nations hurt most by pandemic. Time to revamp labor-capital divides?

Emerging markets will suffer more in the long run than most advanced economies. While GDP decline is most apparent in developed countries, other factors like labour market rigidities and limits to fiscal support hinder emerging nations most. Reliance on tourism and high unemployment in such countries hurts recovery. Similarly, countries like France that rely more heavily on tourism than say Australia could bounce back less vigorously. Countries who rely too much on tourism might diversify away towards other productive, or more capital intensive sectors (Vietnam as an example). Some will bounce back higher than others...

#Macro

1206 days ago

Asset Class Returns over the Last 10 Years

Source: Charlie Bilello

Asset Class Returns over the Last 10 Years...

1207 days ago

Cyclicals vs. defensives 12M fwd estimates (now vs. 2008)

Analysts quicker to revise cyclicals estimated earnings higher - but still a long way to go to get back to defensives

#Stocks
Cyclicals vs. defensives 12M fwd estimates (now vs. 2008)
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